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how are we going to get this economy back on track? well, the federal reserve has to do what it has to do. a big problem is a drag on the economy, the shenanigans that we see in the political process. the unwillingness to deal with our long-term fiscal issues is really a very important driver of uncertainty that is holding back households and business spending. my view is part of the process. gerri: if you can figure that out, that will be a major award that you deserve. [laughter] >> we were heading in the right direction. it's been extremely disappointing. gerri: i want to talk to buy more important number that we got today, that was the gdp. this is economic growth in the quarter coming down. one 10th of a percent. "the wall street journal" reporting this afternoon that we haven't had economic expansion. a single quarter down, negative gdp growth, without a subsequent one since 1977. so this does not bode well for the economy. >> no, it certainly is a problem. but you have to look through this. the gdp fluctuates a lot in this conte
how are we going to get this economy back on track? well, the federal reserve has to do what it has to do. a big problem is a drag on the economy, the shenanigans that we see in the political process. the unwillingness to deal with our long-term fiscal issues is really a very important driver of uncertainty that is holding back households and business spending. my view is part of the process. gerri: if you can figure that out, that will be a major award that you deserve. [laughter] >> we...
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Jan 29, 2013
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housing is a bright spot in the economy. we do believe it is. a 5.5% gain in home prices is not great, but it is a far cry from the down days of the housing crash. stock market, well, we are 280 points away from the all-time high on the dow. a big name that you know. more money coming in at yahoo!. nicole: this is a company that has struggled. now you have marissa mayer taking over. the stock is up over 1.5%. they continue to talk about that. search advertising was strong. display ads were weaker. it is up about 30% since she took over. stuart: 30% and a $20 stock is not back. i want to move onto ford. $5.6 billion profit last year. the stock is at 13. please, remember that stock was one dollar a share not that long ago. apple announcing a higher capacity for its next generation ipad. earnings for the company may be a little high. let's go back to nicole petallides. nicole: there were questions about whether lenovo was interested in any parts. it is all do or die. the blackberry ten is out tomorrow. we have seen stocks soaring ahead of this. the
housing is a bright spot in the economy. we do believe it is. a 5.5% gain in home prices is not great, but it is a far cry from the down days of the housing crash. stock market, well, we are 280 points away from the all-time high on the dow. a big name that you know. more money coming in at yahoo!. nicole: this is a company that has struggled. now you have marissa mayer taking over. the stock is up over 1.5%. they continue to talk about that. search advertising was strong. display ads were...
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Jan 30, 2013
01/13
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you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger, and so it's per capita is much lower. as far as we can tell because of the immigrants tend to be somewhat poorer on average, the overall per capita actually goes down when the immigrants arrive so it does make a larger gdp, but it doesn't seem to i'll -- improve the economic situation of the native born. immigrants do benefit, and that could be an argument for immigration. melissa: if they were legal, paying taxes, that's a big difference, especially from the perspective that one of thhe greatest costs is the cost of educating the children of the legal immigrants. they are not paying into the
you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger,...
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failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the president's labor with warm. telling unions to back off. and enjoy your chicken wings while you can. you could be paying a super hefty price coming up. she's still the one for you - you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, ke needingo go freque
failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the...
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failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away t the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the president's labor with warm. telling unions to back off. and enjoy your chicken wings while you can. you cou liz: welcome back. this is an important story. unions facing a big defeat this week. the national labor relations board communions they cannot protest in front of wal-mart for two months. they are saying that the unions picketed illegally in front of the big retailer and after wisconsin and michigan becoming right to work states. so is labor losing its punch? dd, what do you think? >> i do think the unions are dying and they are on
failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away t the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next,...
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failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we he to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the president's labor with war. telling unions to back off. and enjoy your chicken wings while you can. you cou [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom
failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we he to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the...
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economy in terms of tax revenues and revenues overall? >> you bet. most people are familiar with what is going on in north dakota, down in texas and louisiana and around the country where we are producing private land. government land 96% are basically untouched and what it could mean is in excess of $450 billion per year in gdp growth, and 20 times as much as the government is talking the ministrations talking about in terms of increased energy taxes. we have been putting people to work, building infrastructure, it is a win-win-win deal. alalbany does the government to step out of the way and let people go to work. liz: instead of drill, baby, drill, demonstrators are talking about draw, baby, draw. we have the boxer shell, reservoir two times the size of a country of oil. what is that in compass? is it just drilling were all sorts of jobs and gdp growth? tell me what is in there. >> the beauty of this study done by one of t macroeconomic projectors shows the best jobs created are not just those in the oilfield, but also high-tech jobs, jobs in medi
economy in terms of tax revenues and revenues overall? >> you bet. most people are familiar with what is going on in north dakota, down in texas and louisiana and around the country where we are producing private land. government land 96% are basically untouched and what it could mean is in excess of $450 billion per year in gdp growth, and 20 times as much as the government is talking the ministrations talking about in terms of increased energy taxes. we have been putting people to work,...
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failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the president's labor with warm. telling unions to back off. and enjoy your chicken wings while you can. while you can. you cou this is $100,000. while you can. you cou we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to h
failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the...
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failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the president's labor with warm. telling unions to back off. and enjoy your chicken wings while you can. you cou there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas t
failure is all right in an economy. but we want to see regulatory regimes that invite creativity and solutions of entrepreneurs coming in with new ideas. liz: that is a great point. >> we want to encourage success rather than punish it. right now, son some of these are punishing success. liz: it's like taking away the net and tenants. we have to be able to stomach failure in the economy. sir, always so good to be with you. i appreciate your time. >> thank you, liz. liz: up next, the...
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do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earni $20 million in its opening weekend. younger audiences accounting for 65% of those ticket ssales. coming in fourth is "hansel and gretel", and then "silver linings playbook." so the super bowl on a power outage. they believe that it was caused due to the superdome's electrical system. no one knows who and what is responsible. it may take days to actually verify the most recent explanation. we have now moved from super bowl blackout to acknowledging responsibility, even outside washington dc. i'm next, the mayor of the murder capital of america america. we will outline it in the "chalk talk" next. and the escalating violence has jesse jackson calling for law. i'm serious,
do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earni $20 million in its opening weekend. younger audiences accounting for 65% of...
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bad news for the economy? liz: it is. you usually see a gas price spike around spring or summer when people are traveling right via car doing their vacations. this is a bad time for gas prices to go up. stuart: maybe it is not over, i don't know. we got the ism manufacturing -- nonmanufacturing, services area. came in with a reading of 55.2 versus 55.7, that was in december. that's kind of -- i'm reading that as neutral. charles: i mean it is a good number. anything above 50 is expansion. you know, but right about in line with what the street was looking for. stuart: the dow is holding to a gain of well over 100 points, closing in again on 14,000. apparently that ism number is a help to the market. to nicole, who has a big winner for us, and that winner is estee lauder. we want to know why. nicole: they are seeing nice sales numbers. the stock is up 5.3%. number two best performer in the s&p 500. they saw strong u.s. demand. 13% rise in their sales -- earnings per share boost, i'm sorry. that's good. and they are saying t
bad news for the economy? liz: it is. you usually see a gas price spike around spring or summer when people are traveling right via car doing their vacations. this is a bad time for gas prices to go up. stuart: maybe it is not over, i don't know. we got the ism manufacturing -- nonmanufacturing, services area. came in with a reading of 55.2 versus 55.7, that was in december. that's kind of -- i'm reading that as neutral. charles: i mean it is a good number. anything above 50 is expansion. you...
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it hurts the economy. remember these guys aren't paying taxes or investing in people or investing in the next iphone, they are not trying to put the super bowl on, they are criminals. when you buy something from these people your money is going to organized criminals overseas. dagen: how do you drive that message come from nfl fans? if i want to stick jersey, nike wasn't making one, i am going to go out and find it some way somehow? >> that is a great question. we work with licensees to make sure there's merchandize the fans want that are available for them at every price point. so that they are not tempted to go out and buy something from a counterfeiter. we work hard with licensees and local businesses in new orleans and elsewhere to make sure we can meet the demands. dagen: designed it to go to the game since he is in frugal in this crackdown on counterfeiters? did you get him a ticket? >> we would love to have him. dagen: i would buy a plane ticket and 5 were you. john morton and anastasia daniels on t
it hurts the economy. remember these guys aren't paying taxes or investing in people or investing in the next iphone, they are not trying to put the super bowl on, they are criminals. when you buy something from these people your money is going to organized criminals overseas. dagen: how do you drive that message come from nfl fans? if i want to stick jersey, nike wasn't making one, i am going to go out and find it some way somehow? >> that is a great question. we work with licensees to...
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Jan 29, 2013
01/13
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lori: let's talk more about the economy home prices. they are on the rise. november home prices rose 5.5%. so, for the year, prices rose in 19 of the 20 cities. new york the only city to see a decrease. phoenix saw the fastest gain in prices with a 22.8% in the year. stick around for jeff falk later in the hour. see that i cannot wait for that. rodney wildwood is a principal at lockwood development. you are looking at and island that is near detroit and you want to buy it and create this utopia. what would the tax policy be like because that is what i care about? >> do not fax anything you want to encourage. melissa: it sounds like a fantasy, but this is a real plan. it is a 983-acre island located off of detroit. it was purchased by detroit in 1879. the reason why you think that this could actually happen is because detroit, of course, is in dire financial strength. they are looking for anything to do to write in the books. what are the odds that you think you can get this done? >> well, considering all the interest and the media coverage in the past week a
lori: let's talk more about the economy home prices. they are on the rise. november home prices rose 5.5%. so, for the year, prices rose in 19 of the 20 cities. new york the only city to see a decrease. phoenix saw the fastest gain in prices with a 22.8% in the year. stick around for jeff falk later in the hour. see that i cannot wait for that. rodney wildwood is a principal at lockwood development. you are looking at and island that is near detroit and you want to buy it and create this...
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and its economy. it is coming after the "washington post", "the new york times", "the wall street journal" all announced attacks on their computer systems suspected coming from china. social media sight twitter said friday, extremely sophisticated hackers from an unidentified location may have stolen user names, e-mail addresses and passwords from 250,000 customers. the u.s. has made little progress in negotiations with china to stop the hacking which it denies it is behind. experts say that governments and companies have to play nor defense. >> if we start to do a better job having a better plan, training users to be better making sure we understand these vulnerability we can at least solve that which is within our realm to solve, once you get beyond that, into political and legal and diplomatic. >> reporter: now the u.s. is considering new economic and diplomatic steps to fight chinese hacking. according to "the financial times" that will include more information sharing between washington and priva
and its economy. it is coming after the "washington post", "the new york times", "the wall street journal" all announced attacks on their computer systems suspected coming from china. social media sight twitter said friday, extremely sophisticated hackers from an unidentified location may have stolen user names, e-mail addresses and passwords from 250,000 customers. the u.s. has made little progress in negotiations with china to stop the hacking which it denies it...